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12:35 AM ET, September 25, 2008

memeorandum

 Top Items: 
Jennifer Parker / Political Radar:
McCain: Scrap Friday Debate for Bailout; Obama: The Debate is On  —  ABC News' George Stephanopoulos and Rick Klein report: Republican presidential candidate John McCain on Wednesday said he would “suspend” his presidential campaign to come to Washington to help negotiate a financial bailout bill …
RELATED:
Ben Smith / Ben Smith's Blogs:
McCain's gambit  —  McCain suspends his campaign, and asks to postpone Friday's debate, to address the financial crisis.  —  Both candidates have been marginal players; McCain, though, seems to have the potential to make himself a major one, and his move is a mark, most of all, that he doesn't like the way this campaign is going.
New York Times:
Obama Rebuffs McCain on Debate Delay  —  Senator John McCain on Wednesday injected another surprise into his presidential campaign, announcing that he would suspend campaigning on Thursday and seek a delay in this week's planned debate so that he could return to Washington to try to forge a consensus on a financial bailout package.
Tahman Bradley / Political Punch:
Bush Invites Obama to DC to Work on Bailout Bill; Obama Accepts  —  ABC News has learned that President Bush called Sen. Barack Obama, D-Ill., this evening and invited him to participate in a meeting about the Wall Street bailout bill tomorrow afternoon in Washington, D.C. …
J. Taylor Rushing / The Hill:
Paulson, Senate Dems reach tentative bailout deal  —  Senate Democrats emerged from a meeting Wednesday with Treasury Secretary Henry Paulson to report a general, conceptual — but fragile — agreement on a $700 billion plan to rescue the U.S. financial markets.
Joe Klein / Swampland:
Gimmicks ‘R’ Us
Discussion: DownWithTyranny! and The Reaction
Jonathan Martin / Jonathan Martin's Blogs:   McCain taking ads down
Michael D. Shear / Washington Post:
McCain's Aides Give the Tick Tock
Discussion: BAGnewsNotes
New York Times:   First Debate Up in Air as McCain Steps Off the Trail
CNN:
McCain camp to propose postponing VP debate  —  (CNN) — McCain supporter Sen. Lindsey Graham tells CNN the McCain campaign is proposing to the Presidential Debate Commission and the Obama camp that if there's no bailout deal by Friday, the first presidential debate should take the place of the VP debate …
RELATED:
Marc Ambinder:
McCain's Bottom Line: No Deal = No Debate
Discussion: The Moderate Voice
Tahman Bradley / Political Radar:
Ole Miss Official Says Debate Cancellation Would be ‘Devastating’
Discussion: Open Left
Drudge Report:
EXCLUSIVE: LETTERMAN MOCKS MCCAIN CANCELLATION  —  David Letterman tells audience that McCain called him today to tell him he had to rush back to DC to deal with the economy.  —  Then in the middle of the taping Dave got word that McCain was, in fact just down the street being interviewed by Katie Couric.
RELATED:
Jane Hamsher / Campaign Silo:
LEAKED VIDEO: McCain Blows Off Letterman For Katie Couric  —  John McCain blew off David Letterman today because he said was getting back to Washington to address the economic crisis.  —  Only it turned out he wasn't in Washington, he was still in New York — being interviewed by Katie Couric.
Ben Smith / Ben Smith's Blogs:
Letterman mocks McCain cancellation
Discussion: Emptywheel
Jonathan Martin / Jonathan Martin's Blogs:
It's a good thing McCain's move is dominating the news  —  Sarah Palin's interview with Katie Couric, the first portion of which airs tonight, won't give Republicans any reassurance that she's ready for prime time.  —  It will, however, reassure McCain aides that they're ollowing the right course of action by keeping her shielded.
RELATED:
Ben Smith / Ben Smith's Blogs:
Palin and Couric  —  Full transcript after the jump.  This is a rough bit:
Discussion: The Anonymous Liberal
Marc Ambinder:
Couric v. Palin On McCain's Record
Forbes:
Bad News For The Bailout  —  Lawmakers on Capitol Hill seem determined to work together to pass a bill that will get the credit markets churning again.  But will they do it this week, as some had hoped just a few days ago?  Don't count on it.  —  “Do I expect to pass something this week?”
RELATED:
National Enquirer:
SARAH PALIN LOVER REVEALED!  —  In a world exclusive The NATIONAL ENQUIRER names GOP VP Candidate Sarah Palin's secret lover!  —  No less than three members of the man's family including one by sworn affidavit have claimed that Sarah Palin engaged in an extramarital affair with hus­band Todd's former business partner, Brad Hanson.
Discussion: Gawker and Us Weekly
Rick Newman / US News:
A $25 Billion Lifeline for GM, Ford, and Chrysler  —  In Washington these days, an 11-figure expenditure barely attracts notice.  —  With Congress preoccupied with the massive, $700 billion bailout plan for the financial industry, General Motors, Ford, and Chrysler have finally secured Part One of their own federal rescue plan.
Discussion: The New Republic
RELATED:
Megan McArdle:   The pigs line up at the trough
CNN:
Pakistan's president tells Palin she is ‘gorgeous’  —  NEW YORK (CNN) - Sarah Palin and the foreign leaders she has met with in New York have said very little to reporters over the last two days, but the press happened to be in the room on Wednesday for one eyebrow-raising exchange …
Discussion: Gateway Pundit
RELATED:
Ben Smith / Ben Smith's Blogs:
A non-emergency meeting  —  The McCain campaign's new urgency about the financial crisis didn't entirely clear his schedule this morning.  —  My colleague Amie Parnes reports that he made it to his scheduled morning meeting with Lady Lynn de Rothschild, a Clinton backer who recently came out in support of him.
Mark Murray / MSNBC:
NBC/WSJ POLL: DOUBTS ABOUT PALIN  —  From NBC's Mark Murray  —  The new NBC News/Wall Street Journal poll will be released at 6:30 pm ET, but here's an early look at one set of numbers:  —  Forty-nine percent say that Palin is unqualified to be president if the need arises, compared with 40 percent who say she's qualified.
RELATED:
Salon:
I ghost-wrote letters to the editor for the McCain campaign  —  I spent a morning in John McCain's Virginia campaign headquarters ghost-writing letters to the editor for McCain supporters to sign.  I even pretended to have a son in Iraq. … By Margriet Oostveen
Discussion: Newshoggers.com
Jonathan Martin / Jonathan Martin's Blogs:
Palin gets question, looks to McCain, demurs  —  This is what happens when campaigns let reporters into photo ops.  They get all uppity and ask questions.  —  From the pool report account of what happened after McCain and Palin's meeting with Georgian President Mikheil Saakashvilli and Ukrainian President Viktor Yushchenko:
Martina Stewart / CNN:
Florida congressman points to Palin to rally Jews to Obama  —  (CNN) - Rep. Alcee Hastings told an audience of Jewish Democrats Wednesday that they should be wary of Republican VP nominee Sarah Palin because “anybody toting guns and stripping moose don't care too much about what they do with Jews and blacks.”
 
 
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 More Items: 
Elizabeth Stanton / Bloomberg:
U.S. Stocks Decline on Concern Over $700 Billion Bank Bailout
Discussion: The Huffington Post
Steve Clemons / The Washington Note:
Bush Does a 9/11 Replay in Asking for Unprecedented Powers and Unprecedented Budget
Michelle Nichols / Reuters:
Gore urges civil disobedience to stop coal plants
Ben Smith / Ben Smith's Blogs:
Johnson to lead Obama briefing
Howard Kurtz / Washington Post:
Baby Talk  —  Is it fair, at this stage of the game …
Ian Welsh / Firedoglake:
FISA all over again as Barney Frank Undercuts Dodd
Discussion: JustOneMinute and Hullabaloo
 Earlier Items: 
SurveyUSA:
Here Are The Results of SurveyUSA News Poll #14454
Discussion: Townhall.com
Domenico Montanaro / MSNBC:
BARNEY FRANK ON MCCAIN, HAIL MARYS
Kathryn Jean Lopez / The Corner:
The Debate Debate  —  Obama is on TV right now.
Ben Smith / Ben Smith's Blogs:
Reid: McCain return ‘would not be helpful’
Discussion: CFO.com, The Hill and Weekly Standard
Kathryn Jean Lopez / The Corner:
Since Obama Seems to Want to Go On with the Debate
Dr. Rusty Shackleford / The Jawa Report:
Holy Crap, a SECOND Winner Palin Smear Video? …
Glenn Greenwald / Salon:
Why is a U.S. Army brigade being assigned to the “Homeland”?
Discussion: Open Left and The Mahatma X Files